Youngtong District Decides and Announces Individual Public Land Prices for 229 Plots

[Suwon Ilbo=Seo Dong-young Reporter] Youngtong District in Suwon City (District Chief Song Young-wan) decided and announced on the 31st the 'Individual Public Land Prices as of July 1, 2019' for 229 plots.

Individual Public Land Prices as of July 1 (hereinafter 'Public Land Prices') target land that underwent divisions, mergers, and other circumstances from January 1 to June 30 of this year. The decided Public Land Prices will be used as the basis for levying various taxes including national and local taxes, and development burden charges.

Public Land Prices can be viewed through the Youngtong District (https://yt.suwon.go.kr) and Real Estate Public Notification Price Information (http://realtyprice.kr) homepages, among others.

If there are objections, objection applications can be submitted by December 2 to the District's General Civil Affairs Division, the Administrative Welfare Center of the dong where the land is located, or through 'Civil Affairs 24 (www.minwon.go.kr)'.

Upon receipt of objection applications, investigations into land characteristics and neighboring land price balance will be conducted by December 27, followed by verification by appraisers and deliberation by the Suwon City Real Estate Price Public Notice Committee before notifying results. For inquiries, contact the Youngtong District General Civil Affairs Division (031-228-8560).